Southwest Harbor, ME is a great place to buy a home. The median value of housing in the area is $485,400, which is well above the US median value of $338,100. In terms of appreciation, Southwest Harbor has an impressive level of growth over the last year with values increasing by 16.46%, compared to 8.27% for the entire US. This growing market makes now an ideal time to purchase a home here as prices are continuing to increase and buyers can make a good return on their investment.
The median home cost in Southwest Harbor (zip 04679) is $485,400. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Southwest Harbor (zip 04679) is up 20.6%.
Average Age of Homes
- The median age of Southwest Harbor (zip 04679) real estate is 47 years old
The Rental Market in Southwest Harbor (zip 04679)
- Renters make up 24.9% of the Southwest Harbor (zip 04679) population
- 0.0% of houses and apartments in Southwest Harbor (zip 04679), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.